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201207846
<br /> 21. Haza�dous Substances. As used in Ihis Secflon 21: (a) "Nazardous 5ubstances" aze those subs[ances
<br /> defined as toxic or lia�ardous substances, pollutants, or wastes 6y Environmental Law and ihe following
<br /> su6stances: gasoline, kerosene, other flammable or toxlc petroleum products, to�dc peslicides and herbicides,
<br /> volatile solvents, materials confaining asbestos or formaldehyde, and radioactive materials; (b)
<br /> "Environmental Law" means federal laws and laws of the jurisdicflon where t6e Property is located that
<br /> relate ro health, safety or environmental pro[eclion; (c) "Enviromnental C/eanup" includes any response
<br /> acdon, remedial action, or removal acflon, as defined in Environmental Law; and (d) an "Enviromnental
<br /> Condition"means a condi8on that can cause, coniribute to, or otherwise Irigger an Environmental Cleanup.
<br /> Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br /> Substances, or ihreaten to release any Hazardous Substances, on or in the Property. Borrower shall no[ do,
<br /> nor allow anyone else to do, anything affecting the Property (a) that is in viola[ion of any Environmeatal
<br /> Law, (b) which creates an Environmental Condition, or (c) wLich, due to the presence, use, or release of a
<br /> Hazardous Substance, creates a condi[ion that adversely affects the value of the Proper[y. The preceding two
<br /> sentences shall not apply to the presence, use, or storage ou the Property of small quanti[ies of Hazardous
<br /> Subs[ances that aze generally recognized to be appropriate ro normal resldential uses and Io maintenance of
<br /> We Properly (including, but not limited to, hazardous subs[ances in consumer produc[s).
<br /> Borrower shall prompdy give Lender written nofice of(a) any invesflgadon, claim, demaud, lawsuit or other
<br /> act3on by any governmental or regulatory agency or prIvate party involving [he Property and any Hazardous
<br /> Substance or Environmental I.aw of which Borrower has actual knowledge, (6) any Environmental
<br /> Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any
<br /> Hazardous Substance, and (c) any condition caused by fhe presence, use or release of a Hazardous Substance
<br /> which adversely affect�the value of the Property. If Boreower learns, or is notif'ied by any governmental or
<br /> regulatory authority, or any private parly, that a�ry removal or other remediation of azry Hazardous Substance
<br /> afFecting ihe Property is necessary, Borrower shall prompUy take all necessary remedial ac[ions in
<br /> accordance wlth Environmental Law. Nothing herein shall create any obliga6on on Lender for an
<br /> EnvironmenW Cleanup.
<br /> Non-Uniform Covenants. Borrower and Lender covenant and agree as follows:
<br /> 22. AcCeleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br /> Borrower's breach of any covenant or a�eement in this Sacurity Instrument (but not prior to
<br /> acceleration under Section 18 unless Applicable Law providas otherwisa). The notice shall specify: (a)
<br /> the defauh; (b)the action reqnued to cure the defauk; (c) a date, not less than 30 days from the date
<br /> the notice is given to Borrower, by which the defauk must be cured; and (d) that failure to cure tha
<br /> defauk on or before the date specified 'm the notice may reault in acceletatian of the aums secured by
<br /> this 5ecurity Instrument and sale oF the Property. Tha notice shall fnrther inform Borrower of the
<br /> right to reinstate after acceleration and the right to 6ring a court action to assert the non-existence of a
<br /> default or any other defense oF Borrower to acceleration and sale. If the defauk is not cured on or
<br /> before the date specified in the notica, Lender at its option may require m�madiate payment in full of
<br /> all sums secured by this 5acurity Instrument without further demand and may invoke the power of sale
<br /> and any other ramedies permitted by Applicable Law. Lender shall be entitled to collect all expense�s
<br /> incurred in pursuing the remediea pravid�in this Sectian 22, including, but not limited to, reasonable
<br /> attorneys' fees and costs of title evidence.
<br /> 0011 2 31 9 87 6 9 Citlbenk 3.2.61 J2 V]
<br /> NEBRASKP.-Single Famlry-FenNe Mae/Fretltlie Mec UNIFORM INSTRUMEf�WITH MERS VMP6A(NE)(�OS).00
<br /> VMP�
<br /> Wokers Kluwer Flnancial Services Page 14 of 17
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